Sunday, June 24, 2018
Directory Directory Subscribe
Login
 

Italy's Campari to buy maker of Grand Marnier cognac

 
 

Please, enter data

Please, enter data

ilsole24ore, La Stampa, 16 March 2016

Bob Kuntze-Concewitz, CEO of Campari Group announced that the Italian Group (owned by the Garavoglia Family) has launched a Public Offer (OPA) for the acquisition of the French Brand Grand Marnier form the French Company Societe’ des Produits Marnier Lapostolle (SPML) S.A.

Campari, who has already 17,19% of the shares of the French Company, launched the Public Offer (according to EU laws) to acquire more than 50% of the shares at the price of 8,05 euros per share (+60,4% compared with the current price of the single share) and expects to close the deal before June. The total value of the acquisition is estimated at 684 million euros.

Campari Group, founded in 1860 has a portfolio of more than 45% of global brands in spirits and is present in 190 Countries. Among the global brands it controls we can find Crodino, Cynar, Cinzano, Ouzo 12, Lemonsoda/Oransoda, Glen Grant Whisky, Averna and Skyy Spirits LLC, owner of the brand Skyy Vodka.

(Summary from ilsole24ore and La Stampa articles dedicated to this news)

16 March

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

QSE to launch investment incentives to boost market
The Peninsula, 21 June 2018

Qatar Stock Exchange (QSE) is poised to launch new investment incentives after a series of steps that have been taken during the current year to confirm its ...

Read full story
QSE to launch investment incentives to boost market
Saudi Arabia looks to raise OPEC+ group's production by 600,000 bpd
Arabian Business, 21 June 2018

Saudi Arabia is pushing a plan to increase the OPEC+ group’s production by about 600,000 barrels a day, according to delegates with knowledge of the ...

Read full story
Saudi Arabia looks to raise OPEC+ group's production by 600,000 bpd
Retail accommodation supply jumps by 200% since 2010
The Peninsula, 21 June 2018

The supply of organized retail accommodation increased by more than 200 percent since 2010, with the total supply of organized retail surpassing 1.39 million ...

Read full story
Retail accommodation supply jumps by 200% since 2010
Aldar to start work on Viceroy project in Abu Dhabi
TradeArabia News Service, 21 June 2018


Aldar Properties, a leading property developer in Abu Dhabi, UAE, said it is set to begin work on the Viceroy Hotel Group's first branded property in ...

Read full story
Aldar to start work on Viceroy project in Abu Dhabi
Back to Home Page 1115 --- 0 <><><> 249.83333333333.....exvideo=0....eximage=0
P 0
BR 8

 
Entertainment KSA
3 - September 2018
The 2nd Annual Digital Transformation Summit
17 - September 2018
Future Traffic Security
24 - September 2018
Future Civil Defense
24 - September 2018
Global Road & Traffic Safety Forum - Abu Dhabi
24 - September 2018
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Project Lebanon - 26 June - 29 June 2018  
  Energy Lebanon - 26 June - 29 June 2018  
  Iraq Agrofood Baghdad - 8 October - 11 October 2018  
  Project Iraq Baghdad - 8 October - 11 October 2018  
  Hospitality Qatar - 6 November - 8 November 2018  
  HQ - Food Qatar - 6 November - 8 November 2018  
  Food Africa Cairo - 8 December - 10 December 2018  
  Mac Fruit Attraction - 8 December - 10 December 2018  
IFP Group Events Calendar

Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Beirut Boat
Energy Lebanon
Project Lebanon
Qatar
Hospitality Qatar
HQ - Food Qatar
Iraq
Iraq Agrofood Baghdad
Project Iraq Baghdad
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2018 - © All rights reserved